AllSquare Wealth Management LLC Has $1.78 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

AllSquare Wealth Management LLC cut its holdings in Invesco QQQ (NASDAQ:QQQ) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,475 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. Invesco QQQ accounts for 1.0% of AllSquare Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding. AllSquare Wealth Management LLC’s holdings in Invesco QQQ were worth $1,777,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. SOA Wealth Advisors LLC. raised its stake in Invesco QQQ by 0.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after acquiring an additional 46 shares during the period. Commerce Bank lifted its position in Invesco QQQ by 7.1% during the third quarter. Commerce Bank now owns 43,796 shares of the exchange traded fund’s stock valued at $21,376,000 after purchasing an additional 2,898 shares during the last quarter. Citizens Financial Group Inc. RI grew its position in Invesco QQQ by 32.1% in the third quarter. Citizens Financial Group Inc. RI now owns 122,563 shares of the exchange traded fund’s stock worth $59,819,000 after acquiring an additional 29,816 shares in the last quarter. King Luther Capital Management Corp increased its position in shares of Invesco QQQ by 9.1% during the 3rd quarter. King Luther Capital Management Corp now owns 9,138 shares of the exchange traded fund’s stock valued at $4,460,000 after purchasing an additional 766 shares during the last quarter. Finally, Cypress Capital Group raised its stake in shares of Invesco QQQ by 1.7% during the third quarter. Cypress Capital Group now owns 23,378 shares of the exchange traded fund’s stock worth $11,410,000 after acquiring an additional 383 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.3 %

Shares of NASDAQ:QQQ opened at $479.26 on Friday. The stock has a market capitalization of $302.05 billion, a P/E ratio of 30.74 and a beta of 1.11. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The stock’s 50-day moving average price is $511.83 and its 200-day moving average price is $503.82.

Invesco QQQ Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.

About Invesco QQQ

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.